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Welcome to 1403 Grouper Dr, a true Florida Keys gem located in the heart of Marathon! This charming 3-bedroom, 1-bath home offers everything you need for the ideal Keys lifestyle—whether you're looking for a primary residence, a vacation getaway, or a strong investment opportunity.
Enjoy direct ocean access from your private boat dock on a deep-water canal, perfect for boating, fishing, and exploring the world-class waters the Keys are known for. With no HOA, you have the freedom and flexibility to use the property as you choose, including potential short-term rental options.
Inside, the home is well-maintained, filled with natural light, and features an upgraded bathroom that adds a modern, comfortable touch. The layout is open and welcoming, creating an ideal space for Keys living.
Situated within a Florida Keys wildlife and environmental area, the property benefits from protected land directly in front—ensuring no future construction and preserving your privacy, views, and the natural beauty that surrounds the home.
Located just minutes from top dining, beaches, marinas, and favorite local attractions, this home puts the best of Marathon right at your fingertips.
Whether you’re seeking coastal living or a high-demand investment property, this Marathon retreat checks all the boxes. Don’t miss out on this rare waterfront opportunity!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | $698 | $698 | $698 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,451 | $5,756 | $7,972 |
| Total Monthly Payment | $6,274 | $6,579 | $8,795 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.